Score

1.47 /10
Danger

WAM-Capital

Australia

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.70

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Gabioni Ltd

Company Abbreviation

WAM-Capital

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

WAM-Capital · Company summary

General Information

Wam-Capital is advertised as an Australian forex broker, providing its customers with supreme trading platforms and seamless trading experience. It offers leverage as high as 1:500, quite low spreads on 300+ trading assets, as well as a choice of four account types specially designed for different traders.

Market Instruments

WAM-Capital advertises that it offers more than 300 trading instruments, consist of forex pairs and CFDs on stocks, indices, commodities and etc.

Account Types

There are four trading account types provided by WAM-Capital, which include Micro, Standard, Premium and VIP, with the minimum deposit requirements of $/€250, $/€2,500, $/€25,000 and $/€100,000 respectively.

Leverage

Different account types are equipped with the different maximum leverage. The maximum leverage in the Micro account is up to 1:500, the Standard account is 1:300, while the Premium and VIP account are both 1:100. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

According to WAM-Capitals website, we understood that spreads are significantly affected by what type of accounts you are holding. The spreads in the Micro and Standard accounts start from 1 pip, the Premium account from 0.6 pips, and the VIP account from 0.2 pips.

Trading Platform Available

When it comes to trading platforms available,WAM-Capital gives traders the only choice of MetaTrader4. MT4, one of the most popular and user-friendly forex trading platform in the world, has its own marketplace and provides various sophisticated trading tools that can be used by the traders like Expert Advisors, Automated Trading tools, Complex indicators and more.

Deposit & Withdrawal

WAM-Capital accepts deposit via Wire Transfers and Credit/Debit cards like VISA and MasterCard, while withdrawal can only be through wire transfer. The minimum initial deposit is €200 or the equivalent in other currency, while there is no minimum withdrawal amount.

Customer Support

WAM-Capitals customer support can be reached through email: mail@wam-capital.co, website: www.wam-capital.co. More other detailed contact information like telephone and company address are not available.

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FX1366052774
more than one year
Been using them for a year now until the last two months and they were my go-to for investment platforms. They initially caught my attention as they were offering very attractive trading conditions. But now I do have many complaints to make about them, customer service has been slow, my withdrawal is also too slow...
Been using them for a year now until the last two months and they were my go-to for investment platforms. They initially caught my attention as they were offering very attractive trading conditions. But now I do have many complaints to make about them, customer service has been slow, my withdrawal is also too slow...
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2023-03-14 15:42
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FX1196433441
more than one year
He visto esta empresa anunciada en ig pero veo en wikifx que no está regulada y la web ya no está abierta ...... creo que es una empresa fraudulenta y espero que nadie haya sido estafado.
He visto esta empresa anunciada en ig pero veo en wikifx que no está regulada y la web ya no está abierta ...... creo que es una empresa fraudulenta y espero que nadie haya sido estafado.
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2023-01-30 11:03
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